Moser v. Commissioner

*674OPINION.

Murdock:

We are concerned in these cases with one question only— the profit which the petitioners received upon liquidation of the corporation known as the George Moser Leather Co. from the shares of stock received from the estate of George Moser, Sr.

Inasmuch as Charles E. Moser received no stock from this estate, we affirm the action of the Commissioner in determining the deficiencies for the years 1920 and 1921, in regard to this taxpayer.

We are not concerned with the profit realized by George J. Moser in connection with the 31⅛ shares of stock which he owned on March 1, 1913.

The…